India GST registration threshold Rs.20 lakh

The new Indian GST implementation Council has set the annual registration threshold at Rs. 20 lakh. Some more remote states will be permitted to set their Goods and Services Tax (GST) registration thresholds at Rs. 10 lakh.

Any business providing taxable supplies below these annual thresholds would not be required to register for GST.

GST is set to replace a host of consumption taxes in Indian in 2017 or 2018.

Further issues to be determined by the Council include: list of exempt or nil rated supplies; and the standard GST rate.

Latest Indian news

India extends Sept GST return deadline

October 21, 2018

India has extended by 5 days the deadline for the filing of September's Goods and Services Tax return. The new filing deadline for the GSTR-3B...

Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which this year won International Tax Review's Tax Technology Firm of the Year. Richard qualified as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.